Upi Transactions

Rural-centric feature phone solutions set to anchor digital payments push

Govt sources say rural-focused feature phone solutions such as UPI 123Pay, IVR systems and offline payments will drive the next phase of India's digital payments expansion beyond smartphones

UPI's global volumes cross 1 mn in FY26, nearly doubling from last year

UPI's international transaction volumes crossed one million for the first time in FY26, nearly doubling from the previous year, as the payments system expanded across eight countries

Security upgrade: SMS-less UPI signup may be launched by next year

NPCI is working on an SMS-less, silent device-binding process for UPI to improve security and onboarding, with rollout expected over the next 12-18 months

BHIM's UPI volumes grow five-fold, market share inches closer to 1%

Government-backed payments app processes 172 million UPI transactions in January, overtakes Cred and Amazon Pay on leaderboard

Cards in play: Sandeep Ghosh on the opportunity in cash conversion

Despite UPI's dominance, the digital payments game is far from over, Ghosh tells Manojit Saha, pointing to the opportunity that lies in cash conversion

Digital payments safety:  Reserve Bank of India proposes discussion paper

Decision on UPI MDR in govt's domain: RBI governor

Outrunning digital frauds

Fraud moves fast, so must we

UPI transactions hit record high of ₹28.33 trillion in January: NPCI

Transactions through the popular Unified Payments Interface (UPI) touched a record Rs 28.33 lakh crore and 21.70 billion in value and volume terms, respectively, in January, according to data released by the National Payments Corporation of India (NPCI). NPCI said the value of transactions was at Rs 27.97 lakh crore in December. On a month-on-month basis, the growth was 21 per cent in value terms. The average daily transaction in January was 700 million with an average value of Rs 91,4033 crore. Worldline CEO Ramesh Narasimhan said, "UPI's growth momentum continues to strengthen. In January 2026 alone, Indians made 21.7 billion UPI transactions worth Rs 28.33 lakh crore -- an increase over December and a solid 28 per cent growth year-on-year.

Paytm wants to tackle UPI concentration risk via organic tech plans

Paytm CEO Vijay Shekhar Sharma says company aims to reduce concentration risk in UPI through technology-led growth as its market share by volume and value rises

Wrong UPI payment? Here's what you can recover and what you can't

While the RBI mandates compensation for technical failures, recovering funds sent to a wrong UPI ID remains a manual process dependent on the recipient's consent and swift bank intervention

Eco Survey: UPI sustainability reliant on incentives, constant investment

The survey added that complementary investments in digital capabilities and institutional capacities should be a priority to expand gains from digital payments

Japan set to trial India's UPI as Indian tourist numbers see sharp rise

Japan will trial India's UPI in 2026, allowing Indian tourists to make QR code payments directly from their Indian bank accounts while travelling

BHIM Payments app sees over four-fold jump in monthly transactions in 2025

The NPCI-run BHIM Payments App recorded strong growth in CY25, with monthly transactions rising over four-fold, driven by higher adoption, growth in small-ticket payments and rising trust in user

Government and NPCI's Role Key to Global UPI Growth, Says Pay10 Founder

To expand UPI globally, the government and NPCI must create stronger merchant use cases and ensure faster settlement cycles, especially for small overseas businesses, Pay10 founder said

Govt working to expand UPI to more overseas markets: DFS secretary

India is trying to expand the global reach of its homegrown digital payment system UPI to a larger number of countries, especially in East Asia, Financial Services Secretary M Nagaraju said on Tuesday. Unified Payment Interface (UPI) is currently accepted in eight countries -- Bhutan, Singapore, Qatar, Mauritius, Nepal, the UAE, Sri Lanka and France. The acceptability of India's digital payment network overseas enables Indian tourists to make UPI payments for transactions abroad. Speaking at the Global Inclusive Finance India Summit here, Nagaraju said India is about 50 per cent in terms of digital transactions thanks to UPI. "Now we have expanded to some countries. We are trying to expand. To a large number of countries, especially we are focussing in East Asia now," he said. The secretary in the Department of Financial Services (DFS) said UPI transactions crossed more than 21 billion in December 2025, and the success of UPI and digital transactions could also be attributed to ...

How Indians insured, invested and paid in 2025: Key financial trends

Indians shift to higher covers, longer tenures and UPI payments in 2025

How digital scams hit your wallet in 2025 & lessons for 2026 to avoid them

India's fraud surge shows why 2026 must be about verification, not trust

Aadhaar to UPI, key policy changes that shaped your money in 2025

Key reforms in Aadhaar, UPI and taxes that shaped your finances this year

Amazon Pay rolls out biometric authentication for UPI payments in India

Amazon Pay now lets Android users approve eligible UPI transactions with fingerprint or facial recognition, reducing PIN friction for payments up to ₹5,000, the company said

Purchase of digital gold contracts via UPI contracts 47% in November

The value of digital gold investments fell sharply in November after Sebi's caution, though transaction volumes rose slightly, signaling small-ticket buying continues